Axiom Capital Corp. announces $3,000,000 closing in Glenwood, IL
Axiom Capital Corp. has arranged a $3,000,000 permanent loan for the acquisition of a ground lease in Glenwood, IL. The non-recourse loan was fully amortizing for 16.5 years at a fixed rate. Chase Bank has occupied the property since 2005. The bank has a long-term lease with zero landlord responsibilities and 2.5% annual rental increases […]
Read MoreWhat Does the Fed Rate Cut Mean for Your Commercial Real Estate Portfolio?
What Does the Fed Rate Cut Mean for Your Commercial Real Estate Portfolio? August 1, 2019 By: Charles Cronin, President & CEO, Axiom Capital Corp. As you may be aware, yesterday the Federal Reserve (“Fed”) cut the federal funds rate from 2.50% to 2.25%. I have been asked several times if loan rates will now […]
Read MoreWhat Does the Fed Rate Cut Mean for Your Commercial Real Estate Portfolio?
What Does the Fed Rate Cut Mean for Your Commercial Real Estate Portfolio? August 1, 2019 By: Charles Cronin, President & CEO, Axiom Capital Corp. As you may be aware, yesterday the Federal Reserve (“Fed”) cut the federal funds rate from 2.50% to 2.25%. I have been asked several times if loan rates will now […]
Read MoreAxiom Capital Corp. announces $22,760,000 closing in Brunswick, NY
Axiom Capital has arranged $22,760,000 in permanent financing for a newly constructed apartment complex in Brunswick, NY. The non-recourse loan was for 7 years at a fixed rate with 1 year of interest only. The loan also offered one 5-year extension option. The project is a 160-unit Class A luxury apartment complex situated in the […]
Read MoreAxiom Capital Corp. announces $2,500,000 closing in Wynantskill, NY
Axiom Capital has arranged $2,500,000 in permanent financing for the refinance of a free-standing grocery store in Wynantskill, New York. The non-recourse loan was for 10 years at a fixed rate. The location is the principle feature of this property. Situated on Main Avenue, it is in a densely populated area and only 3 miles […]
Read MoreAxiom Capital Corp. announces $5,000,000 closing in Lisle, IL
Axiom Capital has arranged a $5,000,000 permanent loan for the refinance of an office building in Lisle, Illinois. The non-recourse loan was for 7 years at a fixed rate. The Property is located less than a mile from the interchange at I-88 and Ogden Avenue which provides easy access to I-355 (North-South Tollway), I-294 (Tri-State […]
Read MoreAxiom Capital Corp. announces $13,000,000 closing in the Hartford MSA
Axiom Capital has arranged a $13,000,000 permanent loan for the refinance of a retail/office portfolio consisting of a standalone medical office building and two muti-tenant retail buildings located in the Hartford MSA. The non-recourse loan was for 7 years at a fixed rate The two properties in the town of Avon are in close proximity […]
Read MoreAxiom Capital Corp. announces $4,800,000 closing in Hanover, MD
Axiom Capital Corporation has arranged a $4,800,000 permanent loan for the acquisition of an office building in Hanover, MD. The non-recourse loan was for 10 years at a fixed rate with 2 years of interest only payments. The 74,156 square foot, four story multi-tenant office building was constructed in 1985. The building is situated on […]
Read MoreAxiom Capital Corp. announces $52,000,000 closing in Wayne, NJ
Axiom Capital Corporation announces the closing of a $52,000,000 permanent loan for the financing of a 473,670 square foot warehouse facility in Wayne, Passaic County, New Jersey. The property is a state-of-the-art project with tilt up concrete walls, 40’ clear ceiling heights, 54’x60’ bay sizes, and 42 truck dock doors. The 31-acre site is extremely […]
Read MoreAxiom Capital Corp. announces $2,500,000 closing in West Bloomfield, MI
Axiom Capital Corporation has arranged a $2,500,000 permanent loan for the acquisition of a drug store in West Bloomfield, MI. The non-recourse loan was for 15 years at a fixed rate. CVS has occupied the property since it was built in 1999. The property contains 10,964 square feet and features a Drive Thru and 84 […]
Read MoreAxiom Capital Corp. announces $4,500,000 closing in Waco, TX
Axiom Capital Corp. has arranged $4,500,000 in permanent financing for a standalone retail building in Waco, TX. The non-recourse loan was for 7 years at a fixed rate amortized over 25 years. The subject property is a 51,939 SF standalone retail facility with approximately 276 parking spaces on ±5.43 acres. The property was originally completed […]
Read MoreAxiom Capital Corp. announces $7,200,000 closing in Daniel Island, SC
Axiom Capital has arranged $7,200,000 in financing for a two-story office building in Daniel Island, Charleston, SC. The non-recourse loan was for a 2-year term with 2 years of interest only at a floating rate. The loan also offered two 1-year extension options. The 67,573 square foot, two story multi-tenant office building was constructed in […]
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